Reply #18: 9/10/01 Rummy announced that the Pentagon could not account [View All]

[petgoat]

for $2.3 TTTTTTTrillion in expenditures.

The story kind of got lost in subsequent events.

http://www.cbsnews.com/stories/2002/01/29/eveningnews/main325985.shtml

"According to some estimates we cannot track $2.3 trillion in transactions," Rumsfeld admitted.

$2.3 trillion — that's $8,000 for every man, woman and child in America. To understand how the Pentagon can lose track of trillions, consider the case of one military accountant who tried to find out what happened to a mere $300 million.

"We know it's gone. But we don't know what they spent it on," said Jim Minnery, Defense Finance and Accounting Service.

Minnery, a former Marine turned whistle-blower, is risking his job by speaking out for the first time about the millions he noticed were missing from one defense agency's balance sheets. Minnery tried to follow the money trail, even crisscrossing the country looking for records.